BLACKSTONE MANAGEMENT ASSOCIATES V L.L.C. sold 97.4% of their position (10M shares) of MICHAELS COMPANIES, INC. on the open market
Open‑market sale worth $100.20M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 6 sales
Filed: 10/5/2020ACC: 0000899243-20-027348
→
10% Owner
Since Oct 2020
-10M
Net shares
Net seller
$100.20M
Total sold
6
Open market trades
0B · 6S
6
Total transactions
10M disposed
Non-Derivative Transactions6
Common Stock
Indirect
Shares
−7.55M
Price / share
$10.02
Trade value
$75.65M
% of position
49.0%
10/1/2020
15.40M→7.85M
Common Stock
Indirect
Shares
−1.73M
Price / share
$10.02
Trade value
$17.30M
% of position
49.0%
10/1/2020
3.52M→1.79M
Common Stock
Indirect
Shares
−108.14K
Price / share
$10.02
Trade value
$1.08M
% of position
49.0%
10/1/2020
220.53K→112.39K
Common Stock
Indirect
Shares
−22.95K
Price / share
$10.02
Trade value
$229.99K
% of position
49.0%
10/1/2020
46.81K→23.86K
Common Stock
Indirect
Shares
−336.65K
Price / share
$10.02
Trade value
$3.37M
% of position
49.0%
10/1/2020
686.55K→349.90K
Common Stock
Indirect
Shares
−255.44K
Price / share
$10.02
Trade value
$2.56M
% of position
49.0%
10/1/2020
520.94K→265.50K
Total
Net shares
−10M
Net value
-$100.20M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/1/2020 | S · Sale | −7.55M | $10.02 | $75.65M | 49.0% | 15.40M | 7.85M |
| Common Stock Indirect | 10/1/2020 | S · Sale | −1.73M | $10.02 | $17.30M | 49.0% | 3.52M | 1.79M |
| Common Stock Indirect | 10/1/2020 | S · Sale | −108.14K | $10.02 | $1.08M | 49.0% | 220.53K | 112.39K |
| Common Stock Indirect | 10/1/2020 | S · Sale | −22.95K | $10.02 | $229.99K | 49.0% | 46.81K | 23.86K |
| Common Stock Indirect | 10/1/2020 | S · Sale | −336.65K | $10.02 | $3.37M | 49.0% | 686.55K | 349.90K |
| Common Stock Indirect | 10/1/2020 | S · Sale | −255.44K | $10.02 | $2.56M | 49.0% | 520.94K | 265.50K |
| Total | −10M | -$100.20M | ||||||
Derivative Transactions0
No derivative transactions reported